China holds one-third of the total global carbon reduction credits

China is reported to be the world’s second-largest carbon dioxide producing country, and as such has become a hot spot for foreign carbon credit buyers and traders.

However, the current lack of transparency and immature market in China has created a murky environment with many unknowns, such as the extent of market openness, where to find the best projects, how to keep on top of trading risks and future carbon trading trends in the country….. Full Press Release: Source